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A Message To All Who Trade Crypto currency

2013 saw the rise of the value of Bitcoin from $13 dollars in January to over $1000 by the end of the year. This obliterates virutally every other asset class or investment vehicle in this solar system. Using rounded math, a price jump from ten dollars to one thousand is a ten thousand percent increase. This surge is unbelievable given most hedge funds fight over 5-10% annual returns.

The year 2013 was also the birth of numerous alternative currencies to bitcoin. Common data site www.coinmarketcap.com shows over 50 coins listed other than bitcoin; and many more are on the way. The motivation is obvious. Bitcoin is still not even traded in many countries and presumably (…incredibly) still should have some room to grow. A new currency that could rival bitcoin, even if only 1/10 of its market share, would represent a potential 1000% percent growth window, which is still a thing of legend in the investment world. Everyone is trying to cash in on the game. And therein lies the problem.

Bitcoin is more than an investment vehicle, it is a symbol of financial revolution. Bitcoin was conveniently released for operation just after the 2008 financial explosion, where legislators and banks proved that the system will turn a cold market shoulder to those rich enough. Where the common man would fail, a bank or business big enough would be saved. Bitcoin is the answer for the common man to a currency, the Federal Reserve Note and all central bank currencies like it, and it is a resounding success.

What people don't realize is that the US dollar is the de facto global currency. It is the Monopoly Man that sits atop the largest financial empire in a very long time. The system is sick and twisted but its reach is even more so, meaning even well intentioned business men cannot rock the boat too much. Consider recent bitcoin adopter Patrick Bryne, CEO of www.overstock.com. Patrick Bryne has long been a thorn in financial bully's sides because he exposed a number of their dirty shenanigans, much of which you can find at www.deepcapture.com. His company's adoption of bitcoin in January of 2014 is no fluke. Byrne is willing to find legal ways to challenge this hegemonic financial authority, a cruel master that has enslaved all that it has employed except the 1%.

Some disconcerting behavior, while expected, needs to be addressed by the community who want bitcoin to be a coin of integrity and not a pump and dump scheme. Those who mine coins solely to sell them into BTC or USD are plaguing the system. Yes, you are making some money. Congratulations. Why don't you support a coin that you actually want to see used? This article takes no aim at those who support coins other than BTC because they feel there is something demonstrably improving BTC. That is an action that seeks to improve that which may have holes and can be considered an action of integrity. Mining, advertising to Joe Schmoe about your awesome new currency, and then selling as much as you can leaving mom and pop empty handed is exactly the mentally BTC intends to destroy from Wall Street.

So long as bitcoin acts like the USD and people play the game to make money simply from money itself, bitcoin will not improve that much over the USD. For those who trade bitcoin solely based on the divergent prices across exchanges; you do realize that Wall Street is the master of this game? It's called FOREX trading. Big Money knows the direction of currency worths so much that they trade billions of dollars from currency to currency to currency, always trying to genereate profit. This is sucking actual profitability of those who actually produced value with their dollars. If you can do it, the sharks will come to play and believe me, they are SHARP. They have the money to throw around, too, so consider this a WARNING to those who day trade cryptos. They have been known to execute manipulation of almost every market that seeks investors.

Has anyone considered that you are participating in the collapse of the modern fractional reserve, fiat based monetary paradigm? This is history HAPPENING. Your actions are being imprinted into the internet for the story tellers to write you into the tale. Where do you fall in this story? A 99%er who wants to get his money just as deceitfully as Wall Street? A pump and dumper who will sell his soul to make a buck? A common man who throws a spare few hundred bucks to support the revolution? A person who studies cryptos and supports those first and foremost because of their improvement value? That choice is yours.


Cryptocurrency


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